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Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out

 
Bill Paxton (OP)

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03/27/2013 04:41 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Cypriot villagers hit hard by banking crisis (video)

27 March 2013 Last updated at 23:14 GMT Help

Cypriot villages, whose economies are dependent on visitors and foreign tourists, have been hit hard by the country's ongoing financial crisis.

Areas like Pedoulas in the south have been reduced to ghost towns as consumers stay at home, afraid to spend their limited cash reserves.


[link to www.bbc.co.uk]
Bill Paxton (OP)

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03/27/2013 04:51 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
A Furious Cyprus Begins Investigating Who Breached The Capital Controls

[link to www.zerohedge.com]
Bill Paxton (OP)

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03/27/2013 04:53 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Photo

Around 2000 protest outside #Cyprus presidential palace against #Troika and bailout plans

[link to twitter.com (secure)]

Last Edited by Bill Paxton on 03/27/2013 04:53 PM
Anonymous Coward
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03/27/2013 04:58 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Anton Sutton ‏@anton_sutton 21 Mar
#cyprus bail hack: you can still transfer money out of Cyprus using PayPal and your BoCY debit card. Tried it and transaction went through.
Bill Paxton (OP)

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03/27/2013 05:02 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Anton Sutton ‏@anton_sutton 21 Mar
#cyprus bail hack: you can still transfer money out of Cyprus using PayPal and your BoCY debit card. Tried it and transaction went through.
 Quoting: Anonymous Coward 13926736


dance
Renegade (Me too)

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03/27/2013 05:09 PM

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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
I predict that on thursday morning if they even open at 9:00 am that at 9:05 they are closed and out of money at every location including the ATM's

Anyone want to doubt my predictive POWERS? If you do then your are doubting an angel that told my uncle! YOU don't want to doubt my uncle's angel do you?
 Quoting: ZEROeffect


I don't know why anyone is expecting to get any money.
Capital Controls.
Means people have lost 100% of their money.
We tell you we're taking 40% . The other 60% we're keeping for as long as we need. If we need another bailout we're taking it out of that.
For those who think that smaller account holders won't be affected the same thing applies. Capital controls. No you can't have your money we still need it.
The Russians withdrew their money so their most likely won't be any money to cover the insured deposits. Even if there was...Capital controls.
They still keep it.
People have lost 100% of their money. They just don't know it yet.
 Quoting: Anonymous Coward 36899975


^^^100%


Anyone with a substantial amount of money in those banks are not going to let someone just take 40% of their cash. You best believe that while the banks were closed billions of Euro's were coming out of those banks...


When those banks reopen their isn't going to be enough money to insure all those deposits under 100K...
 Quoting: Anonymous Coward 36781467


Yep. That money is gone, gone, gone....


Cyprus Banks Set To Reopen, To Serve As Glorified ATMs With A €300 Cash Withdrawal Limit
Submitted by Tyler Durden on 03/27/2013 - 14:29
Tomorrow Cyprus banks will reopen sometime around noon (they are supposed to close at 6 pm but likely will close far earlier). What does that mean? Apparently nothing much. Because according ot various newswires the withdrawal limit at all banks will be €300 per day. In other words, all said "reopening" will do, is to allow physical branches to be used as glorified ATMs but with a very terrified and confused carbon-based teller on the other side (the same ATMs which a few days ago saw their limit reduced from €300 to €120). All other cash transactions will be strictly curbed, virtually no cash will be allowed to exit the island, and the what's more the government will ban the termination of the oh so ironically-named time deposits. This means that time deposits will now become "permanent deposits", even if within the €100,000 insured limit. The good news: credit card treansactions will be permitted when paying for goods and services anywhere on the island. Of course, electronic cash just happens to not be physical cash, which is why the bank is so cavalier with allowing people to access their own money. Well, electronic 1s and 0s-based money. In other words, tomorrow's bank reopening means absolutely nothing (as ATMs had worked for the duration of the Cyprus bail-in crisis), and anyone who had hoped they could just walk in and withdraw their entire insured deposit up to €100,000 will be severely disappointed. Of course, those who had more than €100,000: Poof, it's gone, step aside.

[link to www.zerohedge.com]
 Quoting: Anonymous Coward 13192481


What are "time deposits"?
Who is John Galt?
Anonymous Coward
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Greece
03/27/2013 05:17 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
...


I don't know why anyone is expecting to get any money.
Capital Controls.
Means people have lost 100% of their money.
We tell you we're taking 40% . The other 60% we're keeping for as long as we need. If we need another bailout we're taking it out of that.
For those who think that smaller account holders won't be affected the same thing applies. Capital controls. No you can't have your money we still need it.
The Russians withdrew their money so their most likely won't be any money to cover the insured deposits. Even if there was...Capital controls.
They still keep it.
People have lost 100% of their money. They just don't know it yet.
 Quoting: Anonymous Coward 36899975


^^^100%


Anyone with a substantial amount of money in those banks are not going to let someone just take 40% of their cash. You best believe that while the banks were closed billions of Euro's were coming out of those banks...


When those banks reopen their isn't going to be enough money to insure all those deposits under 100K...
 Quoting: Anonymous Coward 36781467


Yep. That money is gone, gone, gone....


Cyprus Banks Set To Reopen, To Serve As Glorified ATMs With A €300 Cash Withdrawal Limit
Submitted by Tyler Durden on 03/27/2013 - 14:29
Tomorrow Cyprus banks will reopen sometime around noon (they are supposed to close at 6 pm but likely will close far earlier). What does that mean? Apparently nothing much. Because according ot various newswires the withdrawal limit at all banks will be €300 per day. In other words, all said "reopening" will do, is to allow physical branches to be used as glorified ATMs but with a very terrified and confused carbon-based teller on the other side (the same ATMs which a few days ago saw their limit reduced from €300 to €120). All other cash transactions will be strictly curbed, virtually no cash will be allowed to exit the island, and the what's more the government will ban the termination of the oh so ironically-named time deposits. This means that time deposits will now become "permanent deposits", even if within the €100,000 insured limit. The good news: credit card treansactions will be permitted when paying for goods and services anywhere on the island. Of course, electronic cash just happens to not be physical cash, which is why the bank is so cavalier with allowing people to access their own money. Well, electronic 1s and 0s-based money. In other words, tomorrow's bank reopening means absolutely nothing (as ATMs had worked for the duration of the Cyprus bail-in crisis), and anyone who had hoped they could just walk in and withdraw their entire insured deposit up to €100,000 will be severely disappointed. Of course, those who had more than €100,000: Poof, it's gone, step aside.

[link to www.zerohedge.com]
 Quoting: Anonymous Coward 13192481


What are "time deposits"?
 Quoting: Renegade (Me too)


They are accounts in which you deposit funds that are locked in for a certain amount of time in order to earn higher interest.
You cannot withdraw until the time period is up usually there would be a penalty or fee to do so.
Bill Paxton (OP)

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03/27/2013 06:53 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Goods Stalled At Port In Cyprus

[link to live.wsj.com]

bump
Bill Paxton (OP)

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03/27/2013 06:57 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
The Crisis In Cyprus: Here’s What You Need to Know Before the Banks Reopen Tomorrow

[link to www.theblaze.com]
Bill Paxton (OP)

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03/27/2013 07:00 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
As Russia backs Cyprus' seizures of deposits, big money may already be out

[link to news.feedzilla.com]

drevil
Bill Paxton (OP)

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03/27/2013 07:07 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
In less than 10 hours banks will re-open in Cyprus, what will happen, clock is ticking people...

dynamite

Last Edited by Bill Paxton on 03/27/2013 08:02 PM
zetuff

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03/27/2013 08:52 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
breaking news now!!! [link to www.foxbusiness.com] they going to steal 80% wtf 80% for depositors over 100k...russia bombs soon!ahhh

Last Edited by zetuff on 03/27/2013 08:54 PM
I find life very interesting..
Anonymous Coward
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03/27/2013 09:08 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
What in those containers?

a) Lyra's
b) S'euros (south-euros)
c) Pounds
d) They are empty

5a gaah abomb ahhh
Anonymous Coward
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03/27/2013 09:24 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
wana hear something from a real european???? BLA BLA BLA BLA.... thats all i have to say bout this BS doom... same like 2012 bs
Anonymous Coward
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03/27/2013 09:34 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
nothing will happen, business as usual. doomtards are too worry
Anonymous Coward
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03/27/2013 09:36 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
No doom?
Anonymous Coward
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03/27/2013 09:42 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
What are "time deposits"?
 Quoting: Renegade (Me too)


They are accounts in which you deposit funds that are locked in for a certain amount of time in order to earn higher interest.
You cannot withdraw until the time period is up usually there would be a penalty or fee to do so.
 Quoting: Anonymous Coward 36991887


Here in the US, these are known as Certificates of Deposit or CD's. At least I'm pretty sure this is what we're trying to go after for definition.
neodimiun

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03/27/2013 09:44 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
check this out guys
is a picture of the trucks that are supposedly loaded with money
[link to www.businessinsider.com]
A person who never made a mistake never tried anything new.
Albert Einstein
Anonymous Coward
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03/27/2013 09:49 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
It's kinda like winning a major jackpot at a casino until you notice the slot machine only pays out in fish scales.

Or like all the hot women at a bar suddenly get naked when someone with a red hot spoon goughes both your eyes out.
Anonymous Coward
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03/27/2013 09:55 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
check this out guys
is a picture of the trucks that are supposedly loaded with money
[link to www.businessinsider.com]
 Quoting: neodimiun


fresh printed money smells good
Anonymous Coward
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03/27/2013 09:57 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
check this out guys
is a picture of the trucks that are supposedly loaded with money
[link to www.businessinsider.com]
 Quoting: neodimiun


Great catch. If I saw all those trucks heading my way in Cyprus, I would put a sign in my shop window that says:

SORRY, WE WILL NO LONGER BE ACCEPTING EUROS. PLEASE COME BACK AND VISIT US AFTER YOU EXCHANGE THEM FOR GOLD, SILVER, OR HIGH GRADE VAGINA.

I bet there isn't one ounce of gold on any of those trucks. FIAT trucks loaded to the brim with FIAT bankster notes.
Anonymous Coward
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03/27/2013 09:58 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
check this out guys
is a picture of the trucks that are supposedly loaded with money
[link to www.businessinsider.com]
 Quoting: neodimiun


one guard is protecting 5 billion euros muaha
this for sheeplebah
Anonymous Coward
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03/27/2013 10:01 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
check this out guys
is a picture of the trucks that are supposedly loaded with money
[link to www.businessinsider.com]
 Quoting: neodimiun


Exactly right as they just print up a bunch of fiat and problem solved.

This is the problem. I bet all this money was just printed up ! Just like everywhere else !
neodimiun

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03/27/2013 10:02 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
check this out guys
is a picture of the trucks that are supposedly loaded with money
[link to www.businessinsider.com]
 Quoting: neodimiun



SORRY, WE WILL NO LONGER BE ACCEPTING EUROS. PLEASE COME BACK AND VISIT US AFTER YOU EXCHANGE THEM FOR GOLD, SILVER, OR HIGH GRADE VAGINA.


 Quoting: Anonymous Coward 19138044


1rof1
A person who never made a mistake never tried anything new.
Albert Einstein
Anonymous Coward
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03/27/2013 10:03 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
breaking news now!!! [link to www.foxbusiness.com] they going to steal 80% wtf 80% for depositors over 100k...russia bombs soon!ahhh
 Quoting: zetuff


Notice TPTB media keeps using the term
Haircut" no one says default ! Thats what it is a "DEFAULT"

Trying to keep those CDS from printing us into hyperinflation !
Anonymous Coward
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03/27/2013 10:10 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
check this out guys
is a picture of the trucks that are supposedly loaded with money
[link to www.businessinsider.com]
 Quoting: neodimiun



SORRY, WE WILL NO LONGER BE ACCEPTING EUROS. PLEASE COME BACK AND VISIT US AFTER YOU EXCHANGE THEM FOR GOLD, SILVER, OR HIGH GRADE VAGINA.


 Quoting: Anonymous Coward 19138044


1rof1
 Quoting: neodimiun


Yeah, none of that low grade Communist East German, cabbage patch vagina like Angela Merkel's....which she has been trying to pawn off and rub in millions of noses the last few years.
mrmuffins69

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03/27/2013 10:25 PM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
In less than 10 hours banks will re-open in Cyprus, what will happen, clock is ticking people...

dynamite
 Quoting: Bill Paxton


Anonymous Coward
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03/28/2013 12:14 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
how long now till they open?
Sonic

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03/28/2013 12:35 AM

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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
how long now till they open?
 Quoting: Anonymous Coward 35949635


2h24
whiteangel

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03/28/2013 12:41 AM

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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
bump
WAXmas1
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